[TM] QoQ Quarter Result on 31-Mar-2006 [#1]

Announcement Date
15-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- 177.81%
YoY- 45.72%
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Quarter Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 4,407,757 4,227,458 3,976,383 3,787,560 3,754,017 3,451,114 3,322,352 20.67%
PBT 871,500 730,375 689,258 842,098 -381,396 931,000 501,771 44.34%
Tax -226,008 -188,265 -207,529 -209,115 -336,727 -128,929 -55,503 154.34%
NP 645,492 542,110 481,729 632,983 -718,123 802,071 446,268 27.81%
-
NP to SH 590,713 478,938 453,429 545,695 -701,275 775,902 426,135 24.24%
-
Tax Rate 25.93% 25.78% 30.11% 24.83% - 13.85% 11.06% -
Total Cost 3,762,265 3,685,348 3,494,654 3,154,577 4,472,140 2,649,043 2,876,084 19.55%
-
Net Worth 16,977,768 19,708,067 16,902,481 20,351,019 20,016,149 14,851,239 14,408,436 11.52%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 1,018,666 - 540,879 - 846,950 - 338,202 108.14%
Div Payout % 172.45% - 119.29% - 0.00% - 79.37% -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 16,977,768 19,708,067 16,902,481 20,351,019 20,016,149 14,851,239 14,408,436 11.52%
NOSH 3,395,553 3,395,542 3,380,496 3,391,836 3,387,801 3,388,218 3,382,023 0.26%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 14.64% 12.82% 12.11% 16.71% -19.13% 23.24% 13.43% -
ROE 3.48% 2.43% 2.68% 2.68% -3.50% 5.22% 2.96% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 129.81 124.50 117.63 111.67 110.81 101.86 98.24 20.35%
EPS 17.40 14.10 13.40 16.10 -20.70 22.90 12.60 23.93%
DPS 30.00 0.00 16.00 0.00 25.00 0.00 10.00 107.59%
NAPS 5.00 5.8041 5.00 6.00 5.9083 4.3832 4.2603 11.23%
Adjusted Per Share Value based on latest NOSH - 3,391,836
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 114.88 110.18 103.63 98.71 97.84 89.94 86.59 20.67%
EPS 15.40 12.48 11.82 14.22 -18.28 20.22 11.11 24.24%
DPS 26.55 0.00 14.10 0.00 22.07 0.00 8.81 108.21%
NAPS 4.4248 5.1364 4.4052 5.304 5.2167 3.8706 3.7552 11.52%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 4.88 4.57 4.53 4.68 4.78 5.20 5.00 -
P/RPS 3.76 3.67 3.85 4.19 4.31 5.11 5.09 -18.23%
P/EPS 28.05 32.40 33.77 29.09 -23.09 22.71 39.68 -20.59%
EY 3.56 3.09 2.96 3.44 -4.33 4.40 2.52 25.82%
DY 6.15 0.00 3.53 0.00 5.23 0.00 2.00 111.02%
P/NAPS 0.98 0.79 0.91 0.78 0.81 1.19 1.17 -11.11%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 23/02/07 28/11/06 02/08/06 15/05/06 28/02/06 29/11/05 25/08/05 -
Price 5.45 4.60 4.47 4.95 4.95 4.80 5.50 -
P/RPS 4.20 3.69 3.80 4.43 4.47 4.71 5.60 -17.40%
P/EPS 31.33 32.61 33.33 30.77 -23.91 20.96 43.65 -19.78%
EY 3.19 3.07 3.00 3.25 -4.18 4.77 2.29 24.65%
DY 5.50 0.00 3.58 0.00 5.05 0.00 1.82 108.60%
P/NAPS 1.09 0.79 0.89 0.83 0.84 1.10 1.29 -10.59%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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